JAL Group achieved consolidated net profit of ¥97.4bn

The JAL Group (JAL) released consolidated financial results for the period April 1 to September 30, 2011, the first half of the fiscal year ending March 31, 2012. The company has strengthened its resilience against risks in the operating environment through measures implemented in the course of its restructuring last year; namely the withdrawal of unprofitable routes, continuous review of the Group’s route network and fleet, reductions in fuel expenses and other fixed costs, as well as the introduction of a new revenue management system which collectively, increased productivity of the company. Consequently, JAL is reporting an operating profit of ¥106.1bn from ¥599.8bn in operating revenue and a net profit of ¥97.4bn for the first half of FY2011.